Gold: Yellow metal extends its losses this morning

Posted on May 1, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1183.50 per ounce, after the US registered upbeat initial jobless benefits data, thus denting the safe-haven demand of the precious yellow … Continue reading →

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Crude Oil: Oil trading on a stronger footing in the Asian session

Posted on April 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.90% against the USD for the 24 hour period ending 23:00GMT, closing at 58.57, after the Energy Information Administration (EIA) revealed that US crude oil stocks expanded less than expected by 1.9 million … Continue reading →

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Silver: White metal extends its losses this morning

Posted on April 30, 2015 by GCI Financial

Silver Movement Silver prices declined 0.27% to USD 16.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.53, with the silver trading 0.21% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on April 30, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1203.80 per ounce. Losses in gold prices were kept in check, after the US registered worst than expected annualized GDP figure … Continue reading →

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil data

Posted on April 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 56.92. Gains in oil prices were kept in check, after the American Petroleum Institute (API) reported that US crude inventories … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on April 29, 2015 by GCI Financial

Silver Movement Silver prices rose 1.22% to USD 16.61 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.565, with the silver trading 0.27% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 29, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1211.30 per ounce, ahead of the Fed’s announcement on its latest monetary policy. In the Asian session, at GMT0300, the pair … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on April 28, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 56.74, despite growing concerns that the fighting in Yemen could impact crude supplies. In the Asian session, at GMT0300, the … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on April 28, 2015 by GCI Financial

Silver Movement Silver prices jumped 4.19% to USD 16.41 per ounce during the 24 hours ending 23:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.38, with the silver trading 0.18% … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on April 28, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.99% against the USD in the 24 hour period ending 23:00GMT, at 1201.80 per ounce, as uncertainty continued over Greece’s financial reforms. Separately, gold holdings of SPDR Gold Trust remained unchanged at 742.35 … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on April 27, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.66% against the USD for the period ending 21:00GMT, closing at 57.20. In the Asian session, at GMT0300, the pair is trading at 57.07, with the oil trading 0.23% lower from … Continue reading →

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